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in washington, off three of whom corroborate the statements about the holding of terrorists. coincidentally or not, that 26 ofoctober is the same ay that to journalists for foreign policy magazine discovered classied documents detailing security concerns in benghazi. they found those documents lying on the floor of what remained of the u.s. consulate. that, three weeks after te fbi had finally made its way to benghazi to coduct an investigation, an investigation that took less than a day. there has been no explanation as to why the fbi left those classified state epartment papers on the gound adding to the coincidences' c'mon the6 of october, it was on that date tht fox news cia operators on the ground in benghazi had assked for, and wer denied elp four times during the cose of the 7-hour assault amssador chistopher stephens, foreign service officer sean smith d cia operatives tie ron woods and glendora the from both former seals were killed in a firefight that move from the cause led to the cia and makes a mile away. a cautionary note tonight, if i may. want to be very ear that what we are
and an extramarital affair, a florida socialite, a bare chested fbi agent and is this a concern or a washington smoke screen? >> i don't think anyone on either side of the aisle underestimates the difficulties. >> both sides work to gain the high ground in dealing with the looming fiscal cliff, but the media seem to be one-sided in the details. which side do you think they're on? and it's in with the new, but are the old staying, too. >> oh, you've always asked that question except to mitch mcconnell. >> on the panel this week, writer and fox news contributor judy miller. jove oldman, talk radio and jim pinkerton contributing editor the american conservative magazine, and alan colmes, author of thank liberals for saving america and i'm jon scott, fox news watch is on right now. >> this is about the role she played around four dead americans when it seems to be that the story coming out of the administration and she's the point person, is so disconnected to reality, i don't trust her. and the reason i don't trust her is because i think she knew better and if she did know better she shouldn't be the v
people inside the beltway are living in a bubble. washington dc is the only city in the united states that has had taken continuousgrowthh >> what about when gas comes down? >> you have a gas situation where you have $4000 and thei wages have only gone up about 1%. was coming up, where is the thing going to? >> it leaves cut taxes. >> i'd like to see taxes go down and someone say america is great. let's do everything we can to eliminate obstacles to success vmax my next guest says that regulations are really killing business. we have congressman eric cantor, the house majority leader is pushing to cut the red tape. and since he does have out there, he actually has a shot at doing it. it's just too hard right now for businesses to continue to operate, given all the onerous and burdensome regulations coming out of washington. and we want to make that stop so we can turn the country aund and began to be a starter country again. we know that the obama administration over the course of the term has imposed 400 regulations that impose more than $100 million of costs annually on small busine
: tonight, wall street seems to think a deal is done. but what i about washington? plus, a look at the most innovative tech gadgets. welcome to "the willis report." ♪ ♪ gerri: hello, everybody, i am gerri willis. forty-two days until the united states jumps off the fiscal cliff. that is if the white house and congress don't get their act together first. that means $600 billion in across-the-board spending cuts and tax increases, hitting every single american taxpayer right in the wallet. it's not just us but get hit hard, amid all the uncertainty, companies are scaling back their investment plans. according to "the wall street journal", u.s. companies are cutting their spending plans in the fiscal and economic uncertainty, and doing so at the fastest pace in the a recession. it goes on to say that companies are not planning to spend this year or next year. i am joined by jeffrey miron. welcome back to the show, jeffrey. good to see you. i want to start with some breaking news that we had. moody's just announced that they are cutting france's government rating to aa from triple-a. the s&
the brunt of this battle and they should not defend taxpayers but the spending interests in washington, strikes me as odd. the effort by some to get entitlement reform, the democrats have said heck no and harry reid has said it ain't happening, and they ought to look at that, rather than trying to raise taxes to pay for obama's bigger government. >>neil: do you hear it is spreading? we have chatted about this before. you were open when we chatted in washington, to talk about the cliff cliff, to not equateing bringing in causes or tax loopholes and the like and closing them off, your point was as long as it leads eventually to revamping of the tax code, but this goes beyond that, they have no quid pro quo and they are offering this, you argue, what? >>guest: well, there are two ways you can damage the economy. one is to increase marginal tax rates, everyone knows the small business groups, it would kill 700,000 jobs off the bat, probably worse. the other thing is to eliminate $1 trillion, not talking about a few deductions, but talking about $1 trillion worth of deductions and credits w
washington come together to solve a looming crisis? and, more misery for a region that's still reeling from sandy. >> everything is vulnerable. the coast line is vulnerable. trees are vulnerable. people are vulnerable. homes are vulnerable. >> shepard: another storm takes aim at people still recovering from sandy. >> this is it. i'm getting -- walking around -- >> shepard: tonight, tracking the nor'easter. >> shepard: plus, history at the ballot box. voters approve same sex marriage and make it legal to smoke pot just for fun. but one governor says don't break out the munchies just yet. first from fox this wednesday night, we'll get to the politics news but first the are in easter that's happening right now and slamming some of the areas that the super storm sandy disseminated just days ago. it's already knocked out power to tens of thousands more people. the powerful storm hitting parts of new york, new jersey, and pennsylvania. here in the big city, the long island railroad that carries millions of commuters is now shut down. overcrowding has forced officials to close down penn station. t
in washington. >> so the jury is still out. and i'm saying this, this is a point i want to raise with you, adam lashinsky, the knee jerk response, fema is doing a great job, how do you know? how do you know? i just find it offensive when officials who are supposed to be providing help so sure early on that they are. and that is, as these others were pointing out, you could go do aerial shots over staten island at some points looks like mogadishu. and the fact of the matter is, quite rightly we're all over administration officials when it looked like the resonse to katrina was delayed. and i don't believe we applied the same litmus test this time around,ut it is what it is. they have a test the responsiveness of agencies and not reward them with more money, before we know how successful. at this point i would say not suck'sful at all. >> hold on, i almost completely agree with you, neil. where i will give the elected officials the benefit of the doubt, they want to try to be hopeful, right? they want to tryo give people something good about, thank you for the good stuff you are doing. >> you're
the uncertainty, consumers are feeling pretty good and the word out of washington today, is a lot of trying to work together. >> well, gary b, actually, i mean, do you know what it means if we fall off the fiscal cliff for you? i don't know, does anybody know? and is that uncertainty that gary k was talking about really the key here? >> i'll go beyond the uncertainty that gary k said. i think it's doom and gloom. brenda, if you walked outside the studio and grabbed ten people off the street, all ten of them, if you ask what does the fiscal cliff really mean? they go, i don't know, but it sounds bad. this fiscal cliff sounds bad, it doesn't sound like a good thing and brenda, when you hear this day after dayfter day, i think it starts to weigh on consumers out there. it sounds gloomy, it sounds terrible, and when people feel terrible, this is more perception in psychology than anything else, they don't spend as much. i wish i could be as optimistic as susan, when i talk to the the average person out there andncluding myself, everyone is feeling blah. >> brenda: you're not average, gary. tobi
people here in washington are calling the fiscal cliff. today, we have new proof that people across the country not only are aware of what's going on, they're very, very worried. our new poll shows 68% say the country will face either a crisis or major problems if the cuts in taxes aren't avoided. and a whopping 77% say their personal financial situation will be affected by a failure to solve the fiscal cliff problem. despite this nationwide sense of urgency, there's only a little talk of compromise right now as lawmakers return to washington. our congressional correspondent, kate bolduan, has been working her sources on capitol hill and what's going on. stakes are enormous right now. what's going on? >> they were away for a week. staff was supposed to be working. but lawmakers are arriving back in town with no real whisper of an imminent breakthrough at the moment to avoid this looming series of tax increases and spending cuts that could very well damage the economy. but the air of compromise among some notable republicans is definitely grabbing attention. the republicans' comments
spending cuts coming from washington d.c.? charles, spending is going to go up 10 trillion dollars over the next decade and they're telling us they're going to cut a few trillion off of that, so, spending is going to go higher and taxes, my big worry is once they break the top and raise taxes, we're taing marginal rates here, it's not going to stop. that's the worry and i've got to tell you, for me, the biggest irritant of all of this, they waited until the last minute on the debt ceiling and then sold it as the end otheorld is coming if we don't get this done now. >> right. >> and waited until the last minute and scaring the living cran out of everybody. >>agen, let's talk about that because a great article in the journal, businesses are cutting back no dou about it, butonsumers are cutting back and it's an indictment on everyone in washington. >> one of the reasons if we go over the fiscal cliff and it will hit 90% americans. and lowest income, 30,000 a year a family a tax bill north of $1,000 a year and it hits everybody, to that point people are nervous and they're going to pull bac
coverage. catherine herridge in washington. first to jennifer griffin live tonight at the pentagon. jennifer, it feels like there is a puzzle box laid out on a table and half the pieces are missing. >> it brings new meaning to collateral damage, shep. yesterday we thought we were dealing with the fall from grace of one four star jandi one sexual affair. today the woman who started the events jill kelley was found to be in appropriate relationship with the top u.s. commander in afghanistan general john allen. defense officials who are familiar with the hundreds of emails, 30,000 pages worth say that the general and kelley were having the, quote, email equivalent of phone sex. meanwhile petraeus' biographer paula broadwell has hired a lawyer. her father tells the new york daily news this is about something else entirely. the truth ain't come out. you wait and see, there is a lot more here than meets the eye. >> shepard: the email equivalent of phone sex. that is new here tonight. today we learned both of these generals, petraeus and allen, were involved in a custody dispute directly
for you. thanks for tuning in. i'm shannon bream. good night from washington. [chanting] >> both hamas and israel declare victory and life begins to get back to normal. but both sides warn they are ready to act if the cease-fire does not last. thanksgiving takes on new meaning after super storm sandy. >> one person needs help, another person is there to pick you up. >> it's not just about food. people are here to listen. >> tonight, giving thanks and giving back. and a deadly pileup causes chaos on a major highway. i'm greg jarrett in for shepard smith. more than 24 hours later, the cease-fire in the middle east is still holding. [horns and sirens] >> hamas military tans celebrating claiming they changed the game by avoiding an israeli invasion of gaza. israelis say they won by ending the hamas rocket attacks and weakening the militant group. each side is also mourning tonight in gaza city a funeral for a man killed in israeli air strike just before the cease-fire took effect. and the israeli military reporting a soldier died today after a rocket attack that also happened before the ce
around. now that'sprressive. call or click today. [ grunting ] ♪ tom: a whole new world in washington with all this talk of compromise. talk republicans could caved on tax hikes. high-ranking leaders expressing flexibility when it comes to taxes. some newly elected house republicans, guess what, refusing says signing grover norquist note tax pledge. michael reagan on help breaking that pledge. are they going to cave? >> well, i hope they don't. this is not about republicans trying to figure out, if we cave, the electorate will love us. no, they won't. if the cave, the democrats will laugh all the way to the bank. the election coming upon a couple of years. you might remember, my father made this deal with the democrats back in 1980. $3 in spending cuts for every dollar in new taxes. guess what? taxes and a place. my father has been dead since 2004. he is still waiting for the tax cuts to comment. they will never come in unless you get them first, not last the. tom: history repeats itself. and i suspect -- >> all the time. the democrats selling the three for one package for ever. you n
've seen this time and again in washington and elsewhere. you know, these investigations take on a life of their own, they become exercises in self-justification and you don't want to -- it's very hard on a human level to say, oh, well, forget because people get invested in this. who was the responsible -- there was some moment where that decision either was made, which seems unclear to me, and then this leaks anyway. or it wasn't. and so -- where was that? and when it involves these people do you not go to the attorney general? >> and, by the way, i want to know when -- was the attorney general brought? in why did the attorney general know? when did the attorney general know it? is the fbi really conducting investigation of the cia director without the attorney general knowing that the fbi's conducting -- >> and the white house counsel. how could the white house counsel. >> the white house counsel has to know. and let me tell you something, i'm not going to say how i know this, but let me tell you something, there are some people high up in official washington that knew about this. i k
's re-election. >>> and will washington finally rise above all the political bickering to fix that fiscal cliff? it's all ahead coming up on the "closing bell." stay with us. i put away money. i was 21, so i said, "hmm, i want to retire at 55." and before you know it, i'm 58 years old. time went by very fast. it goes by too, too fast. ♪ but i would do it again in a heartbeat. [ laughs ] ♪ ♪ ♪ when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. to a currency market for everyone. the potential of fxcm unlocked. nyse euronext. unlocking the world's potential. the potential of yelp unlocked. nyse euronext. unlocking the world's potential. >>> welcome back. a little over 45 minutes left on the trading session. time for a quick market stat check on th
party in washington, the party of money. and frankly, if you or i were elected to congress, we'd have to behave like every member of congress does if we want to get reelected, which means we have to his top the people who provide the money for the campaigns for us to run to office, and it's not just joe six pack and mary smith. it's representatives of big corporations and wealthy individuals who come pleading, i just need a little change here to be fair. but they really want to unlevel the playing field and thwart the rigors of the market. there's no such thing as deregulation. that's only new regulation, so what we have done is taken regulations -- i'm not going to defend every regulation, but we took a regulatory scheme that looked at the interests of companies and the interests of customers and other parties, and replaced it with a system of the corporations, by the corporations, that takes away consumer rights. everything is regulated. i like to say, baseball regulates right down to how many stitches on the ball and the color of yarn. everything is regulated. most of the regulatio
you said is a little, a little off from what we're hearing here in washington. >> guest: well, i think there's definitely, um, opinion a big focus -- been a big focus on wireless and what the capability is. we're out there in the world today and understand the spectrum limitations are real, um, engineers will tell you about that, that it just can't deliver the kind of bandwidth that we need to really accomplish the goals that businesses and consumers want in their homes. and so what we're trying to do at the usta is constantly remind people that without the wired network, you're not going to have the wireless network. and so, um, the policymakers, i think, understand it better than ever, that, um, you need fiber facilities into these cell towers in order to enable them to carry broadband at faster and faster speeds, and you need better and better, um, access to broadband capabilities in the home. >> host: jeff gardner is president and ceo of the windstream corporation, and he this year is chairman of the group us telecom. paul barbagallo is with bloomberg. >> so we talked about univers
as a result. catherine herridge live in washington with more of the details for us. >> thank you, good morning. in this two page letter the ranking republican on the senate judiciary meeting is demanding a meeting no later than next wednesday into the investigation into david petraeus. given the numerous press reports on this matter including information alleged to be provided by government sources i request a detailed briefing to discuss this matter and provide concrete facts surrounding his resignation and the department apartments involve the. the letter from grassley breaks down the request into ten gat tore reese. whether the affair with his biographer was detected or missed by the fbi in their background check for the cia job as well as any illegal thoerts that showed the f.b.i. and other departments were not required to notify the president. >> it looks like koeupbgs interested in a pretty wide ranging investigation. senator grassley's question cover a very wide scope from the beginning of the investigation, throughout it up until its conclusion. it seems to me they want to get to the w
is that time's not on the side of the compromisers anymore. there's just too much going on in washington to presume that even like-minded people can wrest the debate from the partisan extremists of either party, those who sink below and not rise above. even if you're confident that a deal can be reached someday, you had to have your breath taken away by the first question from the press after the president gave an impassioned statement about the need to avert the cliff that's going to raise everybody's taxes and just cause such havoc. that's because the question was about general petraeus. not the financial time bomb facing us. oh, no. petraeus -- petraeus? don't you know this is bigger than petraeus? we're sunk if you don't. between the distraction of the petraeus affair and the slew of hollies ahead you've got to start wondering if we might plunge from the cliff because of the sheer lack of days before what everyone's beginning to recognize as the potential for a financial armageddon. before i get to what could work eventually, eventually, the emphasis is on eventually in this ticktock
in washington d.c.. that is true but don't compromise on a bad solution, on something you know is going to make things worse. on some of these issues they should dig in their heels but it is good for the country or good for the economy, find a way to compromise. stuart: always a pleasure. sorry to cut it short but i did -- i have so much on my plate this morning but come back and see us again soon. 9:49 or morning gold report. where are we the day after with the price of gold? we are a $17.21, up $6 today and back above 1700 firmly. and perhaps the biggest upset of the night, elizabeth warren wins the senate race in massachusetts. maybe the country's ideology really has changed. sandra smith, charles payne coming up next. how can voters of a free market decide to elect a candidate who said this while running for office. listen to this again. >> there is no body in this country who got rich on his own. nobody. stuart: elizabeth warren beating scott brown in massachusetts. sheaths -- use the one who said this. >> nobody in this country got rich on his own. nobody. you build a factory out there --
about al-qaeda's diminished capabilities. >> one of the most unfair attacks have seen in washington in 34 years susan rice was using the unclassified talking points which were provided by the intelligence community. they were a consensus report. >> i don't know what the democrats are trying hide because i don't know what any of them saying, they are saying the intelligence community signed off on talking points. they went to the administration. when they came back, key language was changed. >> reporter: specifically, republicans say we are learning that any reference to al-qaeda's involvement in the attack was omitted and ambassador rice used it on those talk shows five days after the attack. >> heather: the administration could tech any mean the white house the security council or other entities, is any one component coming under special scrutiny? >> as of today, mike rogers for the first time fipgering one point of the national security council the deputies' committee of the council. >> it went up to the deputies committee. what i found fascinating, my role here in my mind to say
these devotees dennis. had back. lori: i am lori rothman. melissa: i am melissa frances. will washington play ball or just bore all? president obama kicking up a busy week of meetings for the fiscal collected a. union leaders tomorrow ceos leading up to the meeting with congressional leaders on friday. so many meetings. lori: of the talks fail could we go over the fiscal click? our guest thinks so. they will feel that the most. melissa: a major reshuffle of who is in our out. lou dobbs joins us ahead. lori: are markets reacting that of the fiscal cliff? we head to the floor of the stock exchange with nicole petallides with modest gains. nicole: a green arrow, for all those folks who have seen the market selling off with an exception. we were down over 2%. we lost some of the earlier gains and was up 1/2%. and we look at some names on the move with microsoft, stepping down, the leader over 23 years, and people are wondering why and weigh in on the nasdaq, dell little better. home depot numbered with good numbers. cisco back and forth with its earnings estimate. melissa: the energy sector mostl
that washington state voters have narrowly approved a law that legalizes same sex marriage. today opponents conceded. washington joins maine and maryland as the first states to approve same sex marriage by popular vote. six other states and the district of columbia have legalized it but did so through the legislative process and court rules. supporters of the washington state initiative far outspent opponents with help from several big names, including the microsoft chairman bill gates and new york city mayor michael bloomberg. same sex couples can start getting married there next month. once officials certify the election. coming up, one vote short of victory has to hurt. especially if that one vote is your own wife's vote. it happened in a city council race in tiny walton, kentucky. two candidates ended up dead tied. 669 votes apiece, insert your joke here it turns out one candidate's wife never made it to the voting booth. she says she works nights and woke up just 10 minutes before the polls close. he told her don't sweat it after all, it's just one vote. election officials now plan to
and direction of. and with colorado and washington is a huge geo on a drug prohibition that is how it will end in this country like alcohol prohibition. john: alcohol prohibition was repealed by individual states before the federal government? >> one dozen states by the end of the period. john: new york was three years. 104 -- 10 years and forstmann was up to the fed. >> states lived in open defiance than the federal government cannot enforce it the fast majority is that the state level there are not enough agents to go to every colorado pot smoker. >> gapped the same time goodie a was warning people listen, a federal laws are still enforced. but the shift to marriage equality maine, maryland. john: stay on marijuana. >> i am happy to stay on marijuana. [laughter] john: that does not mean they're not in trouble and the obama administration had more dispensaries. >> actually the clinton administrations started to raid merit -- medical marijuana dispensaries that became the goal. john: even after saying we would not. >> exactly. it is of major issue not about drug legalization but can the states
as controversy continued to grow over the benghazi terror attack. kelly wright live in washington with more for us now. >> reporter: jenna, good morning to you. just as you said this is something very shocking to washington as well as mysterious. fox news learned fbi investigators confronted now former cia director david petraeus about his former relationship paula broadwell. the fbi discovered the affair months ago after jill kelly, a petra friend went to the fbi began receiving threatening e-mails from another woman. she was concerned someone was blackmailing petraeus. some question why the fbi didn't notify top members of congress before the shocking announcement. lawmakers question the timing of the resignation as cia director petraeus was supposed to testify before congress about the attack on the u.s. consulate in benghazi. instead, cia director michael morrell will be questioned about the attack that killed chris stevens and three other americans. former cia director michael hayden said at some point petraeus should testify. >> general pet tray cause -- petraeus have personal insight
in washington are possible fiscal cliff deal, confident such a deal would be reached to spur optimism in the market today combined with good news on housing produced a big wall street rally. crude oil hitting a one-month high at the escalation of the middle east, futures jump in almost 3%. the national association of realtors today reporting existing home sales rose more than 2% in october beating forecasts. faster pace of sales and an increase in monthly builder sentiment all contributing to the good news today in the housing market. and wall street acting like the uncertainty of the first goal go cliff has all but disappeared. and trust in both parts has been comic scene, relentlessl my restored. the stock prices up for the best time in two months. the s&p picking up 27, the nasdaq moving out of corruption territory gaining 63 points today, 3.3 billion shares traded on the new york exchange just under the daily average for the year. the total market average moving higher as well closing 2% today representing a gain of approximately $325 million. a worsening conflict in the mile east
'm chris matthews in washington. let me start with this. being right means never having to say you're sorry. the hard right isn't about to say they need to get more moderate. they're sticking to their attitude on taxes, immigration, the works. so the party's in turmoil. the people who hate to lose are blaming the right. the people who hate the center almost just as much as the left are saying they're right and they're going to not budge an inch. this looks like a fight with legs and not a bad spectator sport, i must say, for progressives. as napoleon once said, never interrupt your enemy when he's making a mistake. robert traynham and erin pikes. this should be an interesting match-up, you two. let's talk about this situation. i want to show you a tape from dan senor on "morning joe" he's a foreign policy adviser to mitt romney. he took on mitt romney critics piling on the former nominee. let's listen to dan senor. >> tens of thousands of people, you could hear the top ten romney surrogates at the event. i'm backstage with some of them, i won't mention their names but talking about romney l
, this is the washington game. when you have a scandal brewing in washington, get out of town. lou: what do you think of the president deciding to use the language of the former military government of burma in referring to burma as miramar. what do you make of that, if anything? >> well, i really don't know what to make of it. but i will say that certainly while he is out there, i would hope he would take the opportunity to condemn china for its bullying and aggressive tactics and the iron imperialism in the south and east china sea. and while he's there, he should make it very clear that should their tactics involved in hostilities between our allies, japan, and the philippines, they are a mutual defense treaty that will be brought into play. anything less than a will not deter china from progressive tactics. a shop needs to be fired across the land. lou: referring to israel and the engagement of hamas, which looks like, right now, despite the involvement of the united nations secretary general and others, trying to mediate, it looks like this could turn into a ground operation which the israelis ha
. >> brown: washington was a-whirl today with more talk of avoiding the much-discussed fiscal cliff. but as november wound down, the president suggested an agreement on taxes and spending could come in time for the holidays. >> i believe that both parties can agree on a frame work that does that in the coming weeks. in fact my hope is to get this done before christmas. >> you know me, i was born with the glass half full. i'm an optimist. >> brown: hopeful signs emanated from the white house and the capitol today, about getting a deal before the new year brings automatic tax hikes and spending cuts. president obama offered his optimism at an event with middle-class americans who'd be hit by any tax increase. >> i'm glad to see-- if you've been reading the papers lately-- - that more and more republicans in congress seem to be agreeing with this idea that we should have a balanced approach. so if both parties agree we should not raise taxes on middle class families, let's begin our work with where we agree. >> brown: one such lawmaker is republican house member tom cole of oklahoma. t
's the toughest job you can do not in uniform. but back home in washington, the opposition party, the republican party, at least some of them, have decided they do not want anybody to fill that job. senator kelly ayotte of new hampshire says she will block the nomination of anyone to be the top diplomat for the united states. john mccain has said the same thing, that he would not support confirming anyone, anyone for that job. the way he feels now. both senators saying they would prefer nobody had that job because of their upset over comments made on sunday morning talk shows by a member of the obama administration on the weekend after the attack on the u.s. consulate in benghazi. republican senator susan collins has now decided that that administration official, u.n. ambassador susan rice, is someone she could not support for secretary of state if president obama nominates her for that job because susan rice chose to appear on those sunday shows at all, regardless of what she said there. >> i continue to be troubled by the fact that the u.n. ambassador decided to play what was essentially a pol
the president's home on the south side before the first family left the city to get back to washington. the president reached out to party leaders on both sides of the aisle to get a jumpstart on the tough work coming up. meanwhile, the enthusiasm at the hyde park neighborhood is much different today than four years ago supporters are happy and relieved that he won reelection and at the same time they say they expect better results during his second term in celebration of another win for the famous neighbor free breakfast this morning at the diner one of barack obama's favorite hyde park restaurants but as supporters enjoy the victory day expressed immediate concern the president won't get much done with the republican controlled house of representatives. about 100 enthusiastic supporters cheered and chanted hoping the president might come out and shake some hands they had to settle for a quick wave as his motorcade passed by at about 130 those we spoke with say they're happy one and are hopeful that his second term will be more productive. we will give him a little more time. >> i th
and medicaid. "the wall street journal" says that if washington doesn't deal with this, then we are all in a lot of trouble. you know, at the fiscal cliff, anxiety raises. i don't think anyone is talking about entitlements. >> actually, going back to what you said about 45 million, i don't know the exact number, when you think about it, that is one out of seven americans. one out of four is having their turkey dinner paid for by taxpayers. what is wrong that people can't afford to put food on the table. it's a tstament to how this economy is. and how much we have created the entitlement mentality that everyone feels they should that they should be on food stamps. when you look at the costs, within about two years, texas at the federal level are going to go just to pay for entitlement programs that have no money left over to pay for all of the other programs of the government. and i find it very suspicious and interesting as you do that here we ha been talking about this for the last couple of weeks and nobody is talking about reforming these things. >> here is the thing. my idea is let
that disconnect between leaders. partiiularly when it comes another crisis in washington. seems they haven't been moving much lately. but things aretarting to turn around because of business people like you. and regions is here to help. with the experience and service to keep things rling. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get ing. together. ♪ fare thee well ♪ farewell ♪ mr. gloom be on your way ♪ ♪ though you haven't any moy you can still be bright and sunny ♪ ♪ sing polly wolly doodle all the day ♪ ♪ hah neil: okay, we have some money for special graphics. we do not exhausted all on one thing. that sums up what is going on here. mcdonald's is down for the count. the first back to back report. a big drop off today. the biggest two-day drop off. i'm thinking a global slowdown and no one in washington is very any of these issues. >> bad and getting worse. i do know a lot of economists are saying people are snapping up treasuries left a right. 1.5%. neil: that is a safe place to park and john layfield
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